Multiple decentralized applications are being built on top of the Ethereum blockchain infrastructure as we speak. One of those projects is called Pokereum, which focuses on online poker playing in a peer-to-peer environment. The project is designed to be EVM neutral, meaning it can be deployed on any Ethereum Virtual machine-capable smart contract blockchain, including Ethereum Classic and Rootstock. …

A new report by the IRS has many Bitcoin users concerned right now. According to the document, there is no clear plan in place to address bitcoin taxation, should that ever become a factor. It is evident there are still a lot of misconceptions surrounding Bitcoin and the lack of coordination between different branches of the IRS is not helping…

Overstock is one of the biggest names in the Bitcoin and blockchain world. Not only is the company an early adopter of Bitcoin payments through the Overstock.com website, but they are actively exploring blockchain development. By investing in SettleMint, a Belgian blockchain startup, Overstock continues their efforts to roll out a decentralized trading platform. SettleMint Attracts Overstock’s Attention The…

Various countries are contemplating the idea of issuing their own national digital currencies. Rather than embracing cryptocurrencies such as bitcoin, these digital currencies would still be backed by a central bank. Senegal could become the first country to deploy this strategy, as eCurrency Mind Limited announced they will provide a digital currency to the West African Economic and Monetary Union….

ZhongAn, China’s first online-only insurance service provider, have announced the launch of their ZhongAn Technology subsidiary. This daughter company focuses on exploring new and innovative technologies, ranging from the blockchain to artificial intelligence to big data and cloud computing. All of the new services will be rolled out on a blockchain-based cloud platform, called AnLink. The Chinese company has big…

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The Lisk project announced their new plan related to issuing block rewards to Lisk delegates. Project developers see this as a major milestone for the blockchain-based concept. This new change will go into effect before the end of 2016, although no specific date was announced yet. Elected delegates will receive five LSK for every block forged on the network. After…

The Linux Foundation’s Hyperledger Project is more than just another blockchain think tank. This initiative also acts as an incubator, where developers can submit their ideas and creations related to distributed ledgers. One of those projects is called Iroha, an open-source project developed by Soramitsu Co. Ltd, which was promoted to incubator status on November 1. Project Iroha Focuses On…

Blockchain technology has many different use cases, all of which can transform our daily lives. India-based uTrade Solutions has launched a new Know-Your-Customer platform, which is driven by distributed ledger technology. Under the name KYChain, this new solution will be made available through a web portal and a mobile version. This allows users to upload and securely share documents verifying…

Entire nations are starting to shift their attention toward blockchain technology as of late. Scotland, a region relatively quiet on the Bitcoin and blockchain front, may soon see the launch of a new stock exchange. Scotex, the country’s stock exchange, is looking to raise £15 million to create a blockchain-based, regulated equity market. Similar to how NASDAQ is experimenting with…

Creating industry standards for distributed ledgers requires open-sourced software solutions. Chain, one of the many blockchain providers available today, released the Chain Core Developer Edition. This open-source version of the company’s distributed ledger platform is free of charge and allows companies to issue and transfer assets. All of this will take place within a permissioned blockchain network. Chain has built…

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